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Mass. Sets New Goal For Solar Power

May 2 -- Gov. Deval Patrick’s administration has set a new goal for solar energy installations in Massachusetts after reaching its initial target four years early. Patrick said the state’s new goal will be 1,600 megawatts of solar energy by the year 2020. That would generate enough electricity to power 240,000 homes per year and reduce greenhouse gas emissions by the equivalent of 166,000 cars. >>View Article

Investors Electrified By Tesla

May 1 -- Tesla is on a roll. Shares of the electric car maker rallied to a new high Tuesday, just days before the company is set to report its first profit ever. Tesla (TSLA) offered up a preview of that report earlier this month, saying sales of its all-electric Model S were exceeding expectations. The Model S is a full-size, four-door luxury sports sedan. While it was unveiled in 2009, it wasn't available until last year. >>View Article

Verizon To Invest $100 Million In Renewable Energy

May 1 -- Verizon Communications Inc. (VZ) said Tuesday it plans to spend $100 million to install solar panels and fuel cells at more than a dozen facilities that will generate and use the clean power. California solar-panel maker and developer SunPower Corp. (SPWR) will supply and install solar-panel systems at Verizon facilities in California, New Jersey and four other states. >>View Article

Bill Aims To Open MLP Business Structure To Renewable Energy

May 1 -- Legislation recently introduced in the U.S. Senate aims to level the energy playing field between fossil and renewable energy projects. The bill, titled the Master Limited Partnerships Parity Act, would allow investors in renewable energy projects access the corporate structure of master limited partnerships. The business structure offers tax significant tax benefits to investors, but is currently only available to investors in fossil energy projects. >>View Article

Congress Can Jolt Renewable Energy

April 30 -- The Master Limited Partnerships Parity Act, introduced last week by Sen. Christopher Coons and 15 bipartisan co-sponsors is a strong signal that Congress is serious about promoting America’s renewable energy future. The American Council On Renewable Energy applauds Sen. Coons’ leadership and calls on Congress to quickly pass Master Limited Partnership (MLP) legislation. By doing so, Congress can help level the playing field and promote greater private investment in our nation’s abundant and affordable renewable energy resources and fuels. >>View Article

Latin America Clean Energy Investments Surged 127% Higher In 2012

April 30 -- Some $4.6 billion of clean energy investments were made in Latin America (excluding Brazil) in 2012, a whopping 127% increase from 2011, according to figures released in advance of the third annual Renewable Energy Finance Forum – Latin America & Caribbean (REFF-LAC), which is being held in Miami this week. >>View Article

Renewable Energy Wins Republicans Backing Oil-Gas Benefit: Taxes

April 29 -- Renewable energy developers may win some tax benefits from Congress that only oil and gas companies can enjoy right now. A bipartisan bill introduced in the Senate last week would allow renewable and clean energy-related companies to structure their businesses as master limited partnerships -- avoiding double taxation while also trading ownership interests on the market, similar to corporate stock, Bloomberg BNA reported. >>View Article

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